In the first three quarters of this year，due to factors such as the epidemic situation，flood conditions，and energy control policies，the growth rate of industrial production has slowed down，but the leading role of equipment and high-tech manufacturing is prominent，and the trend of industrial upgrading is obvious. At present，the industrial economic recovery is still unstable and unbalanced，and the structural differentiation among industries，regions and enterprises is still continuing. The impact of sharp rise in raw material prices on the cost of downstream industries，especially small and medium-sized enterprises，continues to appear，and exports are facing a high correction. In the fourth quarter of this year and next year，China’s industrial economy will move forward under pressure. While seeking “stability”，it is still necessary to “progress” in order to solve the structural problems of China’s industry and achieve high-quality development of industrial economy.